Newsmax has sued Fox Corp., alleging an illegal monopoly in the right-leaning TV news market. Newsmax alleges Fox's "anticompetitive behavior" has hindered the rival cable news outlet.
The agreement between YouTube and Fox comes after the companies had reached a short-term extension to prevent disruptions for YouTube TV subscribers. "We're pleased to have reached a deal that preserves the value of our service for our subscribers," YouTube said in a statement shared with CNBC.
Fox channels could soon be pulled from YouTube TV if the two sides don't ink a new content use deal Wednesday, potentially leaving subscribers of the Google-owned streamer without Week 1 of some college football games and other content.
YouTube said it will shut off Fox (FOXA) programming, including Fox Sports, from its YouTube TV streaming service unless a new contract is reached by 5:00 P.M. Eastern Time tomorrow.
YouTube says Fox channels are at risk of going off of YouTube TV if the two companies don't reach a deal by Wednesday evening. The Alphabet company said Fox is asking for payments "far higher" than is what's comparable.
Despite the bringing together of many different kinds of sports programming in the new ESPN+ and Fox One sports services, football superfans may still need to subscribe to multiple platforms to watch all their teams' games.
ESPN and Fox plan to offer their upcoming direct-to-consumer streaming services as a bundle, beginning in October. Both Disney's ESPN — the app shares the same name as the TV network — and Fox's Fox One will launch on Aug. 21, before the start of the college football and NFL seasons.
Fox Corporation (NASDAQ:FOX ) Q4 2025 Earnings Conference Call August 5, 2025 8:30 AM ET Company Participants Gabrielle Brown - Executive VP & Chief Investor Relations Officer Lachlan Keith Murdoch - Executive Chairman & CEO Steven Silvester Tomsic - Chief Financial Officer Conference Call Participants Benjamin Daniel Swinburne - Morgan Stanley, Research Division Jessica Jean Reif Ehrlich Cohen - BofA Securities, Research Division John Christopher Hodulik - UBS Investment Bank, Research Division Michael Ng - Goldman Sachs Group, Inc., Research Division Michael C. Morris - Guggenheim Securities, LLC, Research Division Steven Lee Cahall - Wells Fargo Securities, LLC, Research Division Operator Ladies and gentlemen, thank you for standing by.
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The headline numbers for Fox (FOXA) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Fox (FOXA) came out with quarterly earnings of $1.27 per share, beating the Zacks Consensus Estimate of $1.01 per share. This compares to earnings of $0.9 per share a year ago.
Fox Corp. advertising momentum in the April-to-June quarter helped it post revenue and earnings above Wall Street expectations. Total revenue of $3.29 billion and earnings per share of $1.57 EPS for the company's fiscal fourth quarter came in well ahead of analysts' consensus forecasts for $3.11 billion and $1.01, respectively.